Chemours held a placing of the first stone event on Saturday, June 26, to mark the start of construction of a new Mining Solutions manufacturing facility in the state of Durango, Mexico (PRNewsfoto/The Chemours Company)(Photo: Courtesy of Chemours)

Chemours has broken ground on a $150 million mining solutions facility in Durango, Mexico.

The Wilmington-based chemical company is the world's largest producer of sodium cyanide, an ingredient essential in mining operations. Chemours said the facility will provide a safe and reliable sodium cyanide supply to the Mexican mining industry.

The plant will be located near some of the largest gold and silver deposits in the heart of Mexico's mining industry. It will enable Chemours to broaden its support to customers with a competitive advantage in supply chain routing.

"Mining companies count on us for consistent, reliable supply to keep their operations running," said Chris Siemer, president of Chemours' chemical solutions unit. "This production facility in Mexico will significantly increase our capacity and will include state-of-the-art manufacturing technology and production processes."

Mark Vergnano, Chemours president and chief executive officer, said the project is a demonstration of the company's five-point transformation plan, which has fueled its success.

"We've hard successful operations in Mexico for over 90 years, and this undertaking reinforces our continued commitment to our Chemours Mining Solutions business," Vergnano said.